10-27-2004, 10:55 PM
Dear AvgJoe,
I am a studentof module-A(having my exams in March 2005). A few months back i was pondering over the same point as you are now.
Once you start ACCA u'll have to complete it in order to claim exemption from ICAP for Modules A to D. In case of a part qualified ACCA exemption for Module A to D is not granted. Your three year articleship will start when u register will an audit firm after getting exemption for Mod A to D. Any time spent with an audit firm before getting exemption from ICAP will not be counted in the articleship by ICAP.
However, a CA(intermediate) can get exemption from ACCA upto paper 2.6 . He will have to take paper 2.6 and continue onwards.
Apparently CA student has an advantage in pakistani environment but ACCA has the plus point that it is a globally recognized degree.
I am only a new student, but i have heard from many ppl that CA is tough and ACCA is easy. I dont have any first-hand knowledge of this so i reserve my comments on this matter.
Beware, most of the HSSC students who opt for CAT ( in order to do ACCA) are non-serious. Class culture may be a problem for u if u are a serious-minded student. In CA there is also a very small probability that the section u get is full of non-serious ppl. so be sure where u step. Dont worry, just believe in yourself.
on the whole the choice is urz. i am not making any recommendations. i have a very talented friend of mine who is doing CAT in the hope that this degree will take him abroad. I have more intelligent friends of mine doing CA.
I am not even recommending u this Accountancy field. I have given my comments in good faith without any liability.
May God bless us all
Ice Blue
